Sandvik acquires 80% stake in ultra-precision diamond tools maker K&Y Diamond

Sandvik AB acquired 80% of Canada-based K&Y Diamond, a manufacturer of monocrystalline diamond tools for ultra-precision applications, primarily in optics. The purchase price was not disclosed.

“The acquisition of K&Y Diamond brings advanced technology and strong engineering capabilities and fits very well with our strategy to strengthen our position within the attractive growth area of micro-precision tools.”inderes.fi

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• inderes.fiSandvik acquires majority stake in ultra-precision diamond tools manufacturer K&Y Diamond - InderesApr 9, 2026

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